What is a Limited Liability Company?
A
limited liability company, commonly called an "LLC," is a business structure
that fits somewhere between the partnership or soleproprietorship and the
corporation. Like owners of partnerships or sole proprietorships, LLC owners
report business profits or losses on their personal income tax returns.

How many people are needed to
form an LLC? You can be the sole owner of your LLC (limited liabilitycompany)
in all states except Massachusetts, which is expected to allow the formation
of one-person LLC's in the future.

What are the differences between
a limited liability company and a partnership? The main difference
between an LLC and a partnership is that LLC owners are not personally
liable for the company's debts and liabilities. This means that creditors
of the LLC usually cannot go after the owners' personal assets to pay offLLC
debts. Partners, on the other hand, do not receive this limited liability
protection unless they are designated "limited" partners in their partnership
agreement.

Sample Listing of Forms Available
(Select your State above to View)

Form a Limited Liability Company - Use links above.
» This package includes Step
by Step Instructions, Articles of Formation, Operating Agreement, Resolutionsand
other forms for formation of a Limited Liability Company in your State.

LLC Operating Agreements
» Operating Agreement for
a Limited Liability Company. Make changes to fit your needs and add descriptionof
your business. Approximately 14 pages. Allows for vesting of management
of the LLC in the members or in a designated manager. If members
select to manage the Company, this agreement also allows officers to be
appointed.

LLC Member Certificates
» Set of 20 Member Certificates
for Non-Profit Corporation/Organization. Lithographed and imprinted. USorders
only. Certificates will be imprinted with your corporation name and State
of formation. You simply complete the name of owner and ownership.

LLC Resolution Packages
» This package contains over
15 forms for use in connection with the operation of a LLC, including thefollowing:
(1) Notice of Meeting for General Purpose, (2) Resolution of Meeting for
General Purpose, (3) Notice of Meeting to Amend Articles of Organization,
(4) Resolution to Amend Articles of Organization, (5) Notice of Meeting
to Consider Dissolution, (6) Resolution Regarding Dissolution,(7) Notice
to admit new members, (8) Resolution concerning admitting new members,
(9) Notice of Meeting Concerning Accepting Resignation of Manager,(10)
Resolution accepting resignation of Manager, (11) Notice of Meeting to
Remove Manager, (12) Resolution concerning removal of manager, (13)Notice
of Meeting to Consider Disbursements to Members, (14) Resolution concerning
disbursements, (15) Assignment of Member Interest, (16) Demand for Indemnity
by Member/Manager and (17) Applicationfor Tax Identification Number.

Dissolve Limited Liability Company
» The dissolution of a LLC
package contains all forms to dissolve a LLC or PLLC, step by step instructions,addresses,
transmittal letters, and other information.

Professional LLC Formation
» This package includes Step
by Step Instructions, Articles of Formation, Operating Agreement, Resolutions,
and other forms for formation of a Professional Limited Liability Company
for your State.